Financial and Monetary Systems

More African central banks are exploring digital currencies. Here's why

Several African banks are exploring the use of central bank digital currencies (CBDCs). Image: Unsplash/Olumide Bamgbelu

Habtamu Fuje

Economist in the Africa Department, IMF

Saad Quayyum

Economist in the Strategy, Policy and Review Department, IMF

Franck Ouattara

Research Analyst in the Regional Studies Division, IMF

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Financial and Monetary Systems

African countries exploring the use of central bank digital currencies (CBDCs). Image: Central Bank Digital Currencies Tracker

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Financial and Monetary SystemsAfricaBanking and Capital Markets

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